inequality
Inequality has emerged as a major concern among EU citizens. According to the 2021 Eurobarometer survey, ensuring equality of opportunities was ranked as the top priority for the EU's economic and social advancement. The most pressing issues for citizens are equal opportunities and access to the labour market; fair working conditions; and access to quality health care. Credit Suisse and UBS's Global Wealth Report 2023 showed that wealth inequality is apparent not only within countries but also between the nations across Europe. The report measures wealth per adult in European countries in both...
Euronews (English)
Inequality in wealth distribution is prevalent across Europe. The wealthiest 10% on the continent own a staggering 67% of the wealth, while the bottom half of adults possess only 1.2% of it. The role of inheritance, estate and gift taxes are largely discussed in addressing inequalities. Some 19 of 27 EU countries levy wealth transfer taxes. However, revenues from inheritance, estate, and gift taxes exceed 1% of total taxation in only two EU countries, namely Belgium and France. What is inheritance tax?Inheritance tax is a specific form of wealth taxation. Net wealth taxes that are levied perio...
Euronews (English)
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